Lasertec (OTCMKTS:LSRCY) Shares Gap Down – Time to Sell?

Shares of Lasertec Co. (OTCMKTS:LSRCYGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $53.44, but opened at $50.79. Lasertec shares last traded at $50.62, with a volume of 15,366 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Lasertec to a “hold” rating in a research report on Friday, April 10th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

View Our Latest Research Report on Lasertec

Lasertec Price Performance

The business’s 50-day simple moving average is $51.10 and its 200-day simple moving average is $44.52.

Lasertec Company Profile

(Get Free Report)

Lasertec Corporation, trading in the U.S. OTC market under the symbol LSRCY, is a Tokyo-based manufacturer of advanced inspection and metrology equipment for the global semiconductor and flat panel display industries. The company specializes in laser-based defect inspection and measurement systems that help wafer fabs, mask shops and device manufacturers maintain high yield and quality control throughout photomask, reticle, wafer and display production processes.

Lasertec’s product portfolio includes high-resolution reticle and mask inspection systems, wafer defect inspection tools and overlay metrology equipment.

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